Children's Heart Foundation founder wins award

Dr. William Novick, founder and medical director of Memphis-based International Children's Heart Foundation, was selected for a Real Award. The award, sponsored by Save the Children and the Bill and Melinda Gates Foundation, highlights achievements of healthcare workers worldwide.

UTHSC wins $333k research grant

University of Tennessee's Health Science Center in Memphis received a $333,000 grant for diabetes, endocrinology and metabolic research. The U.S. Department of Health and Human Services awarded the money.

Sumner lauded by restaurant group

The Memphis Restaurant Association has singled out Bill Sumner. He recently received the MRA's Distinguished Associate Member Award for 2013. He owns TravelHost of Memphis magazine.

Drivetime leases Winchester site

Drivetime has leased the property at 6535 Winchester, formerly home to Dobbs Nissan. The landlord is AN/MNI Acquisition Corp., affiliated with AutoNation. The three buildings total 37,370 SF on 5.23 acres. Drivetime is renovating the property. Elliot Embry and Hank Martin with NAI Saig Company represented AutoNation and were the only brokers involved in the transaction

Pinnacle deregisters stock

Pinnacle Airlines Corp. has filed to deregister its stock.

The move relieves the bankrupt Memphis passenger carrier of functioning as a public company that must create and hand over regular financial reports to securities regulators.

The regional carrier, operating like a subsidiary of Delta Air Lines, is relocating to the Minneapolis area USAF might bypass Tupleo

Tupelo won't only lose its flight controllers as federal sequestration cuts into air operations money. It'll lose U.S. Air Force flights. Training aircraft flying from the air base at Columbus, Miss., will be unable to stop in Tupelo for fuel because regulations prevent them from flying into airfields without control towers.